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RCIAF (Rogers Communications) Policy Acquisition Expense


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What is Rogers Communications Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.

Rogers Communications Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Rogers Communications Inc (OTCPK:RCIAF) » Definitions » Policy Acquisition Expense
Comparable Companies
TSX:T TSX:BCE TSX:QBR.B TSX:CCA TSX:CGO TSX:TGO TSXV:USS TSXV:GOK TSXV:ADYA TMUS SHSE:600941 VZ CMCSA T XTER:DTE NSE:BHARTIARTL TSE:9432 TSE:9984 HKSE:00728 TSE:9433
Traded in Other Exchanges
RCI:USA RCI.B:Canada RCI.A:Canada
Address
333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Website
https://www.rogers.com
Rogers Communications is the largest wireless service provider in Canada, with its more than 11 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 35% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.